ACM Gold

Last updated
ACM Gold & Forex Trading
Company type Private
Industry Financial services
Founded2004;20 years ago (2004)
FounderIrfan Pardesi, Hina Kassam and Farhan Pardesi
Headquarters,
Number of locations
Africa, Middle East, Asia and Europe
Key people
  • Dano Fotiadis, CEO
Services Foreign Exchange (Forex, FX), Retail foreign exchange trading, Precious Metals Trading, CFDs.
Number of employees
300 (2012)
Website www.acmgold.com

ACM Gold is a South African-based financial brokerage company. ACM Gold offers trading in CFDs (Contract for Differences) & Spot Products for Foreign Exchange, Indices, Metals, Energy and Commodities.

Contents

ACM Gold holds offices in South Africa, Nigeria, [1] Pakistan, United Arab Emirates, Tanzania, Kenya, Malaysia, India, Macedonia, Croatia and has also recently ventured in Botswana.

History

ACM Gold was established in 2004 and was founded by Irfan Pardesi and Hina Kassam in the United Kingdom. ACM is the abbreviation of Accentuate Capital Markets and commonly referred to as ACM Gold, having offices in several countries, with major presence in Asia, Africa and the Middle East and some parts of Eastern Europe.

ACM Gold & Forex Trading is known to tap into emerging markets and its strategy involves opening up offices in untapped financial avenues. [2]

Regulations

ACM Gold & Forex Trading is regulated and licensed by the Financial Sector Conduct Authority (South Africa). [3] It is also licensed by Financial Services Commission of Mauritius. In addition to this, ACM Gold is a Trading-Cum-Clearing Member of Global Board of Trade. [4] In Pakistan, ACM Gold (Pvt.) Ltd. operates as a member of Pakistan Mercantile Exchange [5] and is regulated with Securities Exchange Commission, Pakistan. In 2014, ACM Gold got the NBFIRA license to start operations in Botswana.

Related Research Articles

<span class="mw-page-title-main">JSE Limited</span> Stock exchange in Johannesburg, South Africa

JSE Limited is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion, as well as an average monthly traded value of US$6.399 billion. As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion.

<span class="mw-page-title-main">IG Group</span> British online trading company

IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets.

<span class="mw-page-title-main">First Prudential Markets</span> Financial Markets

FP Markets (First Prudential Markets) is the trade name of FP Markets Group of Companies, a global online investment company.

ZuluTrade is a Greek financial technology company that operates an online and mobile social and copy trading platform. The platform allows users to copy other traders in the forex. As of 2014 ZuluTrade had around one million users and an executed trading volume of over $800 billion.

<span class="mw-page-title-main">Financial Services Board (South Africa)</span> Financial regulatory authority

The Financial Services Board (FSB) was the government of South Africa's financial regulatory agency responsible for the non-banking financial services industry in South Africa from 1990 to 2018. On 1 April 2018, its responsibilities were split into two new agencies the Financial Sector Conduct Authority (FSCA) for conduct regulation and the Prudential Authority (PA) for prudential regulation.

FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker for trading on the foreign exchange market. FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil. It is based in London.

OvalX is a British financial services product providing financial derivatives trading such as contracts for difference (CFDs) and financial spread betting and, As of 2020, corporate brokerage services.

<span class="mw-page-title-main">FirstRand</span> South African financial service provider

FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.

MRC Markets is an Austrian financial brokerage firm offering on-line trading in Forex and contracts for difference. It has membership of the Vienna Stock exchange and licensed in Russia and Lithuania. It has offices in Russia, the UK and India.

<span class="mw-page-title-main">Cyprus Securities and Exchange Commission</span> Financial regulator of Cyprus

The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of Cyprus. As an EU member state, CySEC's financial regulations and operations comply with the European MiFID financial harmonization law.

Foreign exchange regulation is a form of financial regulation specifically aimed at the Forex market that is decentralized and operates with no central exchange or clearing house. Due to its decentralized and global nature, the foreign exchange market has been more prone to foreign exchange fraud and has been less regulated than other financial markets.

<span class="mw-page-title-main">Alpari Group</span> Foreign exchange broker

Alpari Group is a multinational foreign exchange, precious metals and CFD broker with headquarters in several countries. The company's UK entity entered insolvency on January 19, 2015, following heavy losses trading the Swiss franc against the euro. The company is licensed to trade in Belarus and Saint Vincent and the Grenadines.

<span class="mw-page-title-main">FXOpen</span>

FXOpen is a retail and institutional forex broker offering online trading services via MetaTrader 4, MetaTrader 5 and TickTrader trading platforms. It provides access to the electronic communication network (ECN) to trade currency, commodity, indices and stock CFDs. FXOpen companies operate in Australia, Saint Kitts and Nevis, the United Kingdom and Cyprus and have representatives in a number of other countries.

ADS Securities LLC is a private financial services firm headquartered in Abu Dhabi that offers online trading, investment, wealth management and asset management services for institutional, private and retail clients. It provides foreign investment markets analysis on CNBC, Bloomberg, and CNBC Arabiya.

<span class="mw-page-title-main">IronFX</span>

IronFX Online Forex Broker is an online CFD broker operating globally as a trade name of IronFX Group of Companies, with headquarters in Limassol, Cyprus. The multi-asset broker provides trading instruments and services to retail and institutional clients in 180 countries.

<span class="mw-page-title-main">Integral Forex</span> Turkish-based online brokerage and branch of Integral Securities

Integral Forex, a branch of Integral Securities, is a Turkey-based financial trading services provider specialized in foreign exchange (forex) and contract for difference (CFD) brokerage.

Paxos Trust Company is a New York–based financial institution and technology company specializing in blockchain. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services. ItBit, a bitcoin exchange run by Paxos, was the first bitcoin exchange to be licensed by the New York State Department of Financial Services, granting the company the ability to be the custodian and exchange for customers in the United States.

Admirals is a Tallinn, Estonia-based trading platform for forex, contracts for difference (CFDs) and foreign exchange transactions across various financial markets. Established in 2001 by Alexander Tsikhilov, it is listed on the Nasdaq Nordic stock exchange.

Thapelo Tsheole is a Botswana executive and entrepreneur. He is the chief executive officer of the Botswana Stock Exchange, chairman of Committee of SADC Stock Exchanges and president of the African Securities Exchanges.

<span class="mw-page-title-main">FxPro</span> Online brokerage based in London

FxPro is a London-based European online broker that provides CFD contracts in foreign exchange, stocks, futures, and precious metals. It has offices in London and Cyprus and is regulated by several regulatory authorities. FxPro has more than 610,000 clients in the UK.

References

  1. Greenberg, Michael (14 November 2011). "ACM Gold expands to Nigeria with a new local office and a trading floor". Forex Magnates. Archived from the original on 15 November 2011. Retrieved 14 November 2011.
  2. Finberg, Ron. "A Look at the Nigerian Forex Market". Forex Magnates. Retrieved 23 October 2012.[ permanent dead link ]
  3. Finance, Board. "FSB Reports". FSB Journal. FSB-SA. Archived from the original on 21 September 2013. Retrieved 18 September 2013.
  4. GBT, Trade. "GBT-Journo". GBT-Journal. GBT. Archived from the original on 15 September 2013. Retrieved 18 September 2013.
  5. PM, Paki. "Registered Brokers". Journal - PMEX. PMEX. Archived from the original on 21 September 2013. Retrieved 18 September 2013.